NAMAs and the CDM


As developing countries develop Nationally Appropriate Mitigation Action (NAMA) proposals for financing during the fast-start phase, questions arise about the relationship to the Clean Development Mechanism (CDM) and on how NAMAs can support participation by the private sector. In an effort to answer these questions, this paper explains key differences between these divergent approaches to encouraging emissions reductions in developing countries, and describes their best uses going forward in supporting private-sector engagement in creating a lower carbon economy.

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